Tag: Finance

Guilherme Paulus went from being an intern at IBM after college into becoming one of the most dynamic entrepreneurs in Brazil. He started his first firm, CVC Brasil, just a few years after earning his bachelor’s degree. He says he didn’t come up with the idea for this business but rather Carlos Vicente Cerchiari did, a person that at the time was a Sao Paulo state deputy.He built CVC Brasil into the most successful tour operator in that country. He offered tour packages, airplane travel, and stays at hotels to both Brazilians and international travelers. He is now the chairman of this company’s board of advisors and sold most of his shares to Carlyle Group. However, with 7.1 percent of the shares, he is still by far the biggest individual owner.

He recently renamed this company as CVC Corp. In order to compete better with the competition, he and the expert executive team expanded into more areas and specialties of travel. Guilherme Paulus says that his company has a department that is specifically focused on newlyweds and ecotourists, for example. as well as another one that is all about corporate travel and what businessmen need while traveling to and staying in Brazil.After developing so much experience as a tour operator Guilherme Paulus became a successful hotelier. In 1995 he opened GJP Hotels & Resorts and is its president and chairman. This company owns and operates 3-, 4-, and 5-star hotels across Brazil.

He has 20 hotels and resorts in this network which can offer everything from very budget friendly to money is no concern stays.Golfers should definitely check out Hotel Saint Andrews while a business travelers will be at home at Prodigy Berrini in Sao Paulo.Guilherme Paulus is hard at work on a new property development in Sao Paulo. this property is being built on the exclusive street Avenida Cidade Jardim. This is a luxury property development that will include 65 apartment units, a high-end restaurant, a large space for functions, and a rooftop terrace among other amenities. This will be a new hotel brand of GJP Hotels and Resorts that focuses on places people will live at.

Over the last few years, there have been dozens of initial coin offerings, also known as ICOs. While many of these have shown short-term explosions in value, a large number of them have subsequently collapsed, leaving investors who were unlucky enough to escape in time with nothing. In fact, the entire history of cryptocurrencies, starting with Bitcoin, has been one of stomach-wrenching volatility and fortunes being won and lost overnight. Within this backdrop, the rash of dozens of ICOs has added an increased element of Wild West wildcatting to an already extremely risk-soaked market.

But risk itself doesn’t make an entire industry inherently illegitimate, although there is an argument to be made that risk that is not widely understood by the investors can amount to ipso facto illegitimacy. Shervin Pishevar, one of the most renowned venture capitalists in America and an expert in the financing of high-tech ventures, has stated that the world of cryptocurrencies, while not fraudulent by its nature, is skirting the line between outright fraud and outsized risk. The problem, Shervin Pishevar says, is that, in many cases, that line is clearly being crossed.

Shervin Pishevar points out the most obvious example of this: Over 10 percent of all ICO proceeds have been flat-out stolen by hackers. In addition to that theft,billions of dollars in cryptocurrencies have been stolen from exchanges. In some cases, the people overseeing those exchanges have been implicated. Shervin Pishevar says this has cost crypto investors billions of dollars and is evidence of outright fraud.

But he points out that it is in the areas that are harder to discern where the real risk of being caught up in a bona fide fraud investigation becomes an issue for investors. Shervin Pishevar says that ICOs themselves are likely non-compliant with current SEC laws. He says that this is a major problem, in itself, for investors in those offerings. But he says that inICOswhere obvious fraud is coupled with major investor losses, the chances of SEC action is high. This, he says, is likely to lead to claw back of all investor profits.